Cameron: We should look at all possibilities when it comes to funding infrastructure
Prime minister David Cameron calls for more private sector involvement in British roads:
"We need to look at innovative approaches to the funding of our national roads – to increase investment to reduce congestion.
"Road tolling is one option – but we are only considering this for new, not existing, capacity.
"But we now need to be more ambitious. Why is it that other infrastructure – for example water – is funded by private sector capital through privately owned, independently regulated, utilities……but roads in Britain call on the public finances for funding.
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"We need to look urgently at the options for getting large-scale private investment into the national roads network – from sovereign wealth funds, pension funds, and other investors."